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| --- | --- | --- | --- |
|  | (1) |  | The representations and warranties of Lessee set forth in the Lease and all
certificates delivered in connection therewith were true and correct in all respects
when made and are true and correct as of the date hereof. |
|  |
|  | (2) |  | Lessee has satisfied or complied with all conditions precedent and requirements
set forth in the Lease which are required to be or to have been satisfied or complied
with on or prior to the date hereof. |
|  |
|  | (3) |  | No Default or Event of Default under the Lease has occurred and is continuing
on the date hereof. |
|  |
|  | (4) |  | Lessee has obtained, and there are in full force and effect, such insurance
policies with respect to the Aircraft, as are required to be obtained under the terms
of the Lease. |
|  |
|  | (5) |  | Lessee has furnished no equipment for the Aircraft other than as sold to Lessor
and as stated on Annex A (SN     ) hereto or permitted as an addition thereto
pursuant to the Lease. |
|  |
|  | (6) |  | The Lessee has inspected the Aircraft and all pertinent records therefor and
the Aircraft has no damage history. |